When calculating the loan's effective rate, the most accurate statement is that the effective rate will exceed the nominal rate.
<h3>Effective Annual Rate:</h3>
The interest rate for the entire year is known as the effective annual rate (EAR). Interest charges are incurred when a company uses debt or capital leases to fund its operations.
Interest is reported on the income statement, but it can also be generated on an investment or paid on a loan over time due to compounding interest.
It is frequently larger than the marginal rate and is used to compare various financial products with different compounding periods, such as weekly, monthly, and yearly.
The effective yearly interest rate rises over time as the number of compounding periods increases.
Therefore, the correct option is A.
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Answer:A binomial expression has two terms. For example, 4x + 5, The degree of any polynomial refers to the term with the highest exponent on its variable. ... Therefore, it is called binomial and since the highest exponent with variable x is 3, therefore it is third degree binomial with constant term of 8
Step-by-step explanation:
1 kg=1000g*1000mg/1g=1000000mg =10⁶ mg
or you can use proportion
1000g - x mg
1 g -1000mg
x=1000*1000=1000000mg
1kg=10⁶ mg
5(i + 2) = 8(i -1)
5i + 10 = 8i -8
-3i + 10 = -8
-3i = -18
i = 6
Answer:
Nonstatistical= HOW MANY ORANGES DID SALLY AT LAST MONTH, HOW MANY HOURS DID I SPEND ON EXTRA CIRICULA..., and HOW MANY DOGS DO I HAVE
Statistical: The other ones.
Step-by-step explanation: Please Tell me if it was Wrong.
